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How Atiku stole $16bn power fund under Obasanjo’s watch.



You won’t be mistaken if you call Nigeria the corruption capital of the world, a title that befits the most populous black nation on earth, it’s a square peg in a square hole, a match made in heaven. It is almost impossible to mention an elected or appointed public office holder in Nigeria without associating them with one, two or more corruption cases, it seems they work in tandem; politicians & corruption, a perfect friendship.

The level of corruption in Nigeria is at a point where we don’t even acknowledge corrupt practices as one, it is now normal and so trivialized that even civil-servants at junior level get themselves involved in practices that are against the financial code of conduct knowing fully well that they’d get away with almost anything, afterall, these illegal activities are carried out with supervision or endorsements from their senior colleagues. It was this need to cleanup the system that birthed the Economic and Financial Crimes Commission by president Olusegun Obasanjo.

Ironically, his lieutenant, Atiku Abubakar who was supposed to be the de facto ‘Chief enforcement Officer’ of the anti-corruption crusade became the one of the biggest unsolved cases of the commission as he was alleged to have diverted $16bn power fund.

In Obasanjo’s memoir ‘My Watch’, he fingered his Vice President as a very corrupt personality and accused him of stealing “enough money to feed 300m people for 400 years”. Was this an exaggeration? That, we may have to wait to find out in the near future, but one thing is certain, Atiku stole A LOT of money during his time as the Vice-president of Nigeria.

Never in the history of Nigerian politics thru the different military regimes, has any President or Head-of-state, accused his vice or deputy of corruption, only Waziri Adamawa gets that honour, one which he adorns with pride as he has never really clarified the source of his massive wealth despite having never been a businessman.

Atiku started his career as a costums officer rising to the second highest position in the service as Deputy Director  before retiring in 1989 after 20 years in the agency, going into politics immediately. He claims to have started his business as a civil servant, a clear violation of the civil service code of conduct which forbids active civil-servants/government workers from doing any business other than farming.

Atiku has contested the presidency a record 5 times featuring in the ballot twice, 2007 and 2019. He has outspent every politician in Nigeria when it comes to election expenditure and he seems not to be affected by it as his packet is apparently too deep to run dry, but where did this money come from?

The United States Senate indicted Atiku in a $40m money laundering scheme between 2005 to 2012, with his then fourth wife, now ex-wife, Jennifer Douglas, a case that has kept Atiku away from the US soil to avoid arrest as he is yet to testify on his complicity in the crime. He was still serving as the vice-president of Nigeria when this scheme was initiated.

A political party spends north of 40bn for a presidential election and these funds are usually sourced by members of the party and in most cases, from the government purse, when the party is the incumbent. However, it has been said that Atiku funds his elections from his personal purse and has never needed the financial support of party members, friends or business associates to finance his campaigns activities.

For someone who left government over 15 years ago to remain this consistent in extravagance, he must have cleaned out  the coffers under his watch when he was in office. Obasanjo may be right afterall, Atiku could feed Nigerians for X years and remain unbothered, Waziri Adamawa remains in a league of his own.

Read More: Peter Obi the Phenomenon: A full Revelation

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1 Comment

1 Comment

  1. Ify

    October 10, 2022 at 6:13 pm

    This man is a phenomenon as far as clepto is concerned. He must fail again. Nigeria deserves better.

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The 2023 Presidential Election has been themed the ‘worst election in the history of Nigeria’ by most Nigerians & observers from across the globe.

Prof Mahmood Yakubu declared Tinubu president-elect amidst controversial circumstances

Many weeks have passed since Prof Mahmood Yakubu controversially announced the APC candidate, Bola Ahmed Tinubu as the winner of the polls and subsequently returned as the president-elect, but Nigerians won’t let this slide as a resolve has been made by the country’s very youthful population to restore the mandate which majority of them opine is rightfully the LP presidential candidate, Peter Obi’s.

As the ruling party, it was only normal that APC was fingered as the ‘usual suspect’, their corrupt counterparts, PDP has however managed to stay out of the spotlight, leaving APC to face the wrath and backlash of angry Nigerians alone. However, Reportera News investigative reports has revealed that not only APC rigged in the 2023 presidential election, but their longtime opposition, PDP. Peter Obi’s LP who banked on INEC’s promise on delivering a free & fair poll were the victim of Prof Mahmood & INEC’s gross ineptitude.

Whilst APC focused their nefarious activities in remote areas in the North West and South West regions of the country, PDP focused on the South South and the North East, to ‘harvest’ LP votes, primarily. Studies have indicated that Peter Obi’s LP won Akwa-Ibom, Bayelsa, & Taraba; 3 PDP states, but were unfortunately rigged out of the polls, giving PDP controversial victories in the states. The electoral heist also saw the transfer of LP votes to APC in Benue, Plateau, and Rivers. Nigerians have called for the arrest and criminal prosecution of INEC chairman Prof Mahmood Yakubu for electoral, LP has also petitioned the judiciary seeking the annulment of the election by the Court of Appeal which is set to begin trial on 30th May 2023.

This is a developing Story, subscribe to our newsletter to read new episodes of our series; ‘2023 election Audit’.

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Exposed: INEC Didn’t Have To Wipe BVA Data For ‘Storage Space’



INEC chairman, Prof Mahmood Yakubu

The 2023 presidential election may have come and gone to some people, it however left a bitter taste in the mouths of most Nigerians who came out in their numbers to vote for their future only for the election results to be systemically rigged in favour of the ruling party, APC. To many, this is a nightmare that they’re hoping they’d wake up from, but to INEC it’s a bone they can’t spit nor swallow; this is because the manner with which the election was rigged is what experts call ‘lazy rigging’ due to the fact that they left far too many loopholes, subsequently leaving a trail of evidence to the public of the travesty disguised as election that occured on February 25th 2023.

This has left INEC in between crossroads as they are torn in the middle of defending the poorly conducted heist or admitting that the poll was flawed. The electoral body has however refused to lean towards the latter, arguing vehemently that they conducted a free & fair election, this obviously is a blatant lie based on the response of Nigerians who mostly feel that the results were rigged.

INEC has been dragged to court by the two main opposition parties, LP and PDP, however it is only the former who actually has a strong grip on their case since evidence has also shown that the latter committed the same electoral fraud that they accuse the ruling party, APC of.

Ekemp M8, the BVA used by INEC

BVA ‘Wahala’

One of the first requests of LP to the court was to have them inspect the BVAs to ensure that the INEC-published-results corresponded with the data available on the devices. However, INEC made a bogus claim that they had to wipe the presidential election results data to make storage space for the gubernatorial polls which happened almost a month after the presidential polls.

The Labour Party led by it’s presidential candidate, Peter Obi which on account of most Nigerians won the election are the major victims of this fraud have approached the courts to retrieve their stolen mandate, one which is expected to upheaval the status quo; in fact, many analysts have postulated that this trial is the biggest in the history of this nation.

In this article, Reportera News takes a deeper look at the device in question to determine if INEC’s claim could be substantiated and most importantly, proven to be truthful. Unfortunately, it isn’t; INEC lied inconspicuously and as a matter of fact, our investigation revealed that the device could handle upto 50 more elections of the same magnitude without needing to erase the data.


The model of the BVA devices used by INEC is an ‘Ekemp M8’, it’s a biometric tablet with a processor speed of 1.3GHz manufactured by the global electronic powerhouse, Samsung. It comes with a 2 Gigabyte storage space with options that goes upto 8 Gigabytes. The simply interpretation of this information is that the device can accommodate data for 50 different elections without needing a ‘reconfiguration’. This ultimately begs the questions;

what is INEC hiding?

Why are they scared to hand over the BVAs for inspection of it’s content if they affirm that the election was conducted in a free and fair atmosphere?

The answer is simple; there is no correlation between the fraudulently announced results and the results in the BVAs, they just do not match, hence their decision to withhold the device and avert exposing the electoral fraud they committed.

Specs of the Ekemp M8

our IT experts looked at the specifications of this device and have come to a technical conclusion that it was ‘illogical’ to wipe the data since the election would have taken at most 2% of the storage capacity using the average Polling Unit to voters ratio which is 300 voters per polling unit.

According to most Nigerians and available evidence, Peter Obi of LP won the 2023 presidential election

As Nigerians stay focused on the judiciary hoping that the INEC results are annulled unequivocally, INEC and APC have deployed many machineries to consolidate the fraud they did, one of which was Lai Mohammed’s Washington DC trip where he went on international media organization at the behest of his paymasters to spread false information on the election, an action that has received heavy criticism from Nigerians who think that it was a waste of public funds as the announcement could have been made here in Nigeria, albeit faux news.


Our verdict is very clear, there is absolutely no reason for INEC to erase, transfer, or reconfigure the data on the BVA since there was more than enough storage space and most importantly, the BVAs were the subject of investigation for electoral fraud, hence not meant to be tampered with as this could affect the outcome of the case.

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Rivers: Nyesom Wike And Sim Fubara, Rivers State Governor-elect Fight Dirty



L-R Sim Fubara, Nyesom Wike

A head of May 29, 2023 inauguration, the outgoing governor of Rivers State, Nyesom Wike and his ‘political son’, and current Governor-elect of the state, Sim Fubara have fallen out, Reportera News has learned.

According to reports from Rivers State, the rift is as a result of disagreement between the duo on the Party’s (People’s Democratic Party) presidential candidate, Atiku Abubakar.

According to reports from Rivers State, the rift is as a result of disagreement between the duo on the Party’s (People’s Democratic Party) presidential candidate, Atiku Abubakar.

Nyesom Wike political godfather of Sim Fubara

A source told Reportera in Port Harcourt that Wike is fuming that Fubara invited Atiku and other PDP leaders considered to be his enemies to the May 29 inauguration at Portharcourt without his consent. The source said that when confronted, Fubara told his close aides that he wouldn’t want to inherit the enemies of the outgoing governor and wouldn’t want to start fighting political wars early in his administration.

He opted for reconciliation with the party leaders both at the state and national, which didn’t go down well with the Port Harcourt hit man. This has created a huge crack between the two and we were told that Wike is withholding release of funds for the inauguration. The political battle between Wike and Fubara will be interesting.

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